Beruflich Dokumente
Kultur Dokumente
SWOT analysis for project management is a simple, yet effective process. It allows the project manager to
identify areas that needs improvement. By implementing the correct methodologies for the analysis, it is
possible to ensure that a project will be completed on time and within budget. SWOT stands for Strengths,
Weaknesses, Opportunities and Threats.
The use of SWOT analysis lets the project manager to improve the whole project or individual tasks where
better efficiency can be gained. It also mitigates risks associated with the tasks and optimizes the whole
process. The team members get to do more with less. Because of the nature of the analysis, it is important to
conduct the SWOT analysis during the startup phase. It can provide a solid backbone to the project plan.
While the purpose of the SWOT analysis may be clear on paper, its actual implementation can vary. In
addition, it is common for the discussion among stakeholders to go off-topic during the session itself. For this
reason, it is important to create a set of pre-defined questions. This will serve as the guide for the SWOT
analysis session. The project manager may also present his initial set of findings for discussion. Any relevant
information will give attendees an opportunity to clear things up. The process results to improved productivity.
Threats:
Are the team members difficult to replace?
Has the new technology (if it will be applied) been tested?
Could changing trends affect the project?
Can the capability be copied by competitors?
The questions outlined above are just some examples you may have to consider. Obviously, projects are a lot
more complex. Your actual list will be a lot longer as it digs deeper into the specifics.